Actuarial Intern

Constellation; Cincinnati (OH); Hybrid; USD 47,000 - 59,000; Full time

Benefits offered by this job

Mentorship

Impactful projects

Engaging summer programming

Job summary

Constellation is seeking an Actuarial Intern to gain hands-on experience in financial services. You will collaborate with teams across risk management, product management, and corporate actuarial reporting to work on real projects from day one.

Responsibilities include data analysis, modeling, documentation, tool development, and assisting in pricing-related tasks. The program emphasizes mentorship, skill development, and meaningful summer projects.

Qualifications

• Pursuing a major in actuarial science or a related financial/mathematical field.
• Completed at least one SOA exam.
• Proficient in Microsoft Excel, Access, and Word.
• Ability to take initiative, work independently, meet deadlines, and interact professionally.

Responsibilities

• Data Analysis: Conduct data manipulation, organization, and analysis to support decision-making.
• Modeling: Run actuarial models, analyze outputs for accuracy, ensure consistency.
• Documentation: Verify factors used in computations, document processes, and help automate reports and spreadsheets.
• Tool Development: Create and refine calculation tools to support pricing and valuation efforts.
• Specialized Tasks: Develop rate filings, in-force files, and experience study results; assist in determining premiums, benefits, and pricing levels.
• Skill Development: Build analytical, technical, leadership, and communication skills; gain business and industry knowledge.

Skills

Data analysis

Modeling

Documentation

Tool development

Specialized tasks

Skill development

Education

Actuarial science or related field

Tools

Excel

Access

Word

VBA

Python

R

Job description

As an Actuarial Intern, you'll gain hands-on experience in the day-to-day operations of a financial services company. You'll collaborate with professionals in areas like Enterprise Risk Management, Product Management, or Corporate Actuarial Financial Reporting, contributing to real projects that impact the business.

Your Key Responsibilities :

• Data Analysis: Conduct data manipulation, organization, and analysis to support critical decision-making.
• Modeling: Run actuarial models, analyze outputs for accuracy, and ensure consistency.
• Documentation: Verify factors used in computations, document processes, and help automate reports and spreadsheets.
• Tool Development: Create and refine calculation tools to support pricing and valuation efforts.
• Specialized Tasks: Depending on your area, you may develop rate filings, in-force files, and experience study results or assist in determining premiums, benefits, and pricing levels.
• Skill Development: Build your analytical, technical, leadership, and communication skills while gaining business and industry knowledge.

Why Choose Us?

• Engaging Summer Programming: Connect with other actuarial interns and learn about the business environment and actuarial work through scheduled events.
• Mentorship: Receive guidance and support from experienced mentors throughout your internship.
• Impactful Projects: Work on projects designed to make meaningful contributions to the team from day one.

Requirements

What You Need to Succeed:

Required:

• Academic Background: Pursuing a major in actuarial science or a related financial/mathematical field.
• SOA Exam: Completed at least one SOA exam.
• Technical Skills: Proficient in Microsoft Excel, Access, and Word.
• Proactive and Independent: Ability to take initiative, work independently, meet deadlines, and interact professionally with colleagues.

Preferred:

• Programming Skills: Experience with programming languages like VBA, Python, or R.
• Relevant Experience: Prior work experience, including internships or co-ops, is a plus.
• Duration: A twelve-week program starting in May 2027
• Compensation: Pay rate starts at $22 per hour
• Schedule: Full-time (Monday -- Friday, 8:15 a.m. -- 5:00 p.m.)
• Flexible Options: Open to remote, onsite, or hybrid work arrangements.
• Team Placement: Work closely with an actuarial team, supported by analysts and a dedicated mentor.
• Supportive Environment: Enjoy management support and engage in meaningful project work and ad-hoc requests throughout the summer.

Hiring Range Minimum

$46,842.50

Hiring Range Maximum

$58,527.50

Compensation Statement

Individual compensation packages are based on various factors unique to each candidate, including skill set, experience, qualifications, and other job-related reasons. Roles may also be eligible for additional compensation, including annual incentive programs.

Work Arrangement

Onsite, Remote, Hybrid

Position Type

Full-time

Applications must be submitted by

Mar 31, 2027

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